Forex Trend Analysis Report
Prepared for you on Friday, October 22, 2021.
Polish New Zloty/Swiss Franc (FOREX:PLNCHF)
Long-Term Downtrend (-90) - PLNCHF is in a strong downtrend that is likely to continue. While PLNCHF is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid PLNCHF?
MarketClub looks at technical strength and momentum to determine if the timing is right for PLNCHF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for PLNCHF
The long-term trend has been DOWN since Jul 8th, 2021 at 0.23847000
The intermediate-term trend has been DOWN since Sep 21st, 2021 at 0.23483096
The short-term trend has been DOWN since Oct 20th, 2021 at 0.23345500
Smart Scan Analysis for PLNCHF
Based on our trend formula, PLNCHF is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).